TFS Financial
TFSL
120 hedge funds and large institutions have $594M invested in TFS Financial in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 46 increasing their positions, 43 reducing their positions, and 17 closing their positions.
79% more call options, than puts
Call options by funds: $2.41M | Put options by funds: $1.35M
7% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 43
0% more capital invested
Capital invested by funds: $592M → $594M (+$2.83M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less funds holding
Funds holding: 128 → 120 (-8)
47% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$9.28M |
| 2 |
FCP
Fine Capital Partners
New York
|
+$8.12M |
| 3 |
BPM
Bronson Point Management
Fairfield,
Connecticut
|
+$7.45M |
| 4 |
GCM
Gruss Capital Management
New York
|
+$1.69M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$12M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$7.24M |
| 3 |
NM
Newtyn Management
New York
|
-$5.6M |
| 4 |
PG
PEAK6 Group
Chicago,
Illinois
|
-$4.27M |
| 5 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$2.58M |
TFSL Hedge Fund Activity: Q4 2013 in Review
120 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in TFS Financial (TFSL) for Q4 2013, worth a combined $594M — up 0.48% from $592M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of TFSL and 9 opened new positions — a net loss of 8 holders — while 43 trimmed existing stakes and 46 added.
The largest buyer was Arrowstreet Capital, adding an estimated $9.28M. The largest seller was Empyrean Capital Partners, cutting an estimated $12M.
- 120 institutional investors held TFS Financial (TFSL) as of Q4 2013, down from 128 in Q3 2013.
- Funds reported $594M of TFS Financial stock for Q4 2013, up 0.48% quarter-over-quarter.
- 9 funds opened new TFS Financial positions in Q4 2013 and 17 closed out, a net change of -8 holders.
- The largest TFS Financial buyer in Q4 2013 was Arrowstreet Capital, an estimated $9.28M added.
- The largest TFS Financial seller in Q4 2013 was Empyrean Capital Partners, an estimated $12M sold.
Based on aggregated 13F filings for Q4 2013.